Safety Performance in modern aviation wet-leasing operation
(2025) FLYL01 20251School of Aviation
- Abstract
- This thesis examines how different fleet ownership models, most notably wet-leasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and... (More)
- This thesis examines how different fleet ownership models, most notably wet-leasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and effective implementation of Safety Management Systems (SMS). Findings enhance an understanding of aviation leasing operations and provide pragmatic suggestions to enhance oversight, contractual agreements, and inter-organizational cooperation in a leasing environment. (Less)
- Popular Abstract
- This thesis examines how different fleet ownership models, most notably wetleasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and... (More)
- This thesis examines how different fleet ownership models, most notably wetleasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and effective implementation of Safety Management Systems (SMS). Findings enhance an understanding of aviation leasing operations and provide pragmatic suggestions to enhance oversight, contractual agreements, and interorganizational cooperation in a leasing environment. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9202717
- author
- Krkovic, Vuk LU and Tajik, Arad LU
- supervisor
- organization
- course
- FLYL01 20251
- year
- 2025
- type
- M2 - Bachelor Degree
- subject
- keywords
- aviation safety wet-leasing, FLYL01
- language
- English
- id
- 9202717
- date added to LUP
- 2025-06-23 08:58:09
- date last changed
- 2025-06-23 08:58:09
@misc{9202717,
abstract = {{This thesis examines how different fleet ownership models, most notably wet-leasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and effective implementation of Safety Management Systems (SMS). Findings enhance an understanding of aviation leasing operations and provide pragmatic suggestions to enhance oversight, contractual agreements, and inter-organizational cooperation in a leasing environment.}},
author = {{Krkovic, Vuk and Tajik, Arad}},
language = {{eng}},
note = {{Student Paper}},
title = {{Safety Performance in modern aviation wet-leasing operation}},
year = {{2025}},
}